Indian Company purchase by Foreign Company
This query is : Resolved
09 December 2010
Dear Members,
I have a question regarding the above subject, If a foreign company purchase indian pvt. ltd company what are the step to follow as per RBi & ROC in terms of fund transfer & making directors from foreign company.
Please suggest
Regards
Deepak
I have a question regarding the above subject, If a foreign company purchase indian pvt. ltd company what are the step to follow as per RBi & ROC in terms of fund transfer & making directors from foreign company.
Please suggest
Regards
Deepak
09 March 2011
The foreign Company is allowed to purchase a specified percentage in the Indian company as per the FDI rules.
After the compliance of the same you need to follow the provisions of FEMA in this regard.
Anuj
9810106211
After the compliance of the same you need to follow the provisions of FEMA in this regard.
Anuj
9810106211
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